What makes a good plan and what would you include

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Question : Helen is the financial manager of a medium-sized retail business. She foresees a possible cash shortage several months in the future due to the economic impacts of COVID-19, one that could create a crisis for the company. Helen is aware that the company cannot afford to be cash strapped at this point of the year due to a number of viable ongoing R&D projects that are nearing completion. Identify 3-4 actions each manager should take to mitigate any potential disruptions to their company's operations and/or minimize the impact of such disruptions if and when they eventually happen. What makes a good plan? What would you include? What would you exclude? Length? Scope?

Reference no: EM133189569

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